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Inflation held steady in July as tariffs threatened to drive prices higher, CPI report reveals. But an underlying inflation ...
It’s the equivalent of a new payroll tax or a 17% cut in the size of the military, according to a top think tank.
Falling gas prices helped keep overall inflation tame in July; however, a broader array of products got even more expensive ...
The economic impact is already visible, with signs of stalled hiring, rising inflation and declining home values.
After months of delay and backroom dealmaking, the Trump administration has imposed sweeping tariffs on nearly 100 countries, ...
Announced on July 31st, the latest set of tariffs imposed by President Donald Trump on foreign imports — possibly illegally — ...
Economists caution new tariffs could pose economic risks, but the White House says growth is rebounding amid low inflation.
“We still face tariffed goods coming into the U.S. and especially as the holiday season ramps up,” Schniepp said. Consumers may substitute successfully enough to avoid tariff inflated priced goods but ...